Korean media: Korean actress Hwang Jung-eum is accused of embezzling 4.34 billion won from the company to invest in cryptocurrency

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According to News1, a South Korean media outlet, ChainCatcher reports that actress Hwang Jung-eum has been prosecuted on suspicion of misappropriating company funds and investing in cryptocurrency.

The prosecution alleges that Hwang Jung-eum misappropriated approximately 4.34 billion won (about $3.2 million) in company funds by December 2022, including 700 million won borrowed under the guise of prepayments. Hwang has admitted to the allegations and is being prosecuted without detention.

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